Perplexity’s Investor Demand Shows Just How Wild the AI Bubble Has Become
In the new AI gold rush, startups aren’t raising money every year; they’re raising massive rounds every month.…
BofA’s Hartnett Sees Gold, China Stocks as Best AI Boom Hedges
Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has…
Nvidia to Invest Up to $1 Billion in AI Startup Poolside
Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to…
Andreessen Horowitz Invests in Legal AI Startup Harvey at an $8 Billion Valuation
Harvey, a startup building artificial intelligence tools for law firms, has closed its third major funding round of…
Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies…
Anthropic, Google in Talks on Multibillion-Dollar Cloud Deal
Anthropic PBC is in discussions with Alphabet Inc.’s Google about a deal that would provide the artificial intelligence…
OpenAI Looks to Replace the Drudgery of Junior Bankers’ Workload
OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models…
Nvidia-Backed Cohere to Offer Secondary Sale of Employee Shares
Cohere Inc., the Nvidia Corp.-backed artificial intelligence startup that raised funds at a $7 billion valuation a month…
AI Music Generator Suno in Funding Talks at $2 Billion Valuation
Suno Inc., a startup that generates music using artificial intelligence, is in talks to raise over $100 million…
Starlink Rival AST SpaceMobile (ASTS) Gets Rare Sell as Lead Narrows
AST SpaceMobile Inc. shares have more than tripled this year as the race for space-based cell phone connectivity…
OpenAI overtakes SpaceX with $500bn valuation
Daniel Kretinsky, the Czech billionaire who owns Royal Mail, is selling his 20 per cent stake in Thyssenkrupp’s…
Global Chipmakers Add $200 Billion in Record Rally on AI Frenzy
Global chipmakers saw their market value soar as investors rushed to get exposure to artificial intelligence, the latest…